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Section 500.1342 Application of Mcl 500.436a.

MI Comp L § 500.1342 (2019) (N/A)
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Sec. 1342.

In determining whether an insurer remains safe, reliable, and entitled to public confidence for the purposes of sections 1324 to 1343, the commissioner shall apply the standards of section 436a.

History: Add. 1970, Act 136, Imd. Eff. July 29, 1970 ;-- Am. 1992, Act 182, Imd. Eff. Oct. 1, 1992 Popular Name: Act 218

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Section 500.1341 Transactions Within Holding Company System; Certain Insurers as Party; Standards; Prior Approval; Transactions Entered Into by Domestic Insurers; Notification; Separate Transactions; Review by Director; Total Investment Exceeding 10% of Corporation's Voting Securities.
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Section 500.1343 Ordinary Shareholder Dividends Paid by Domestic Insurers; Review by Director; Determination of Reasonableness; Factors; Limiting or Disallowing Payment of Shareholder Dividends; Declaration or Payment From Earned Surplus; Declaration of Shareholder Dividend by Domestic Insurer as Member of Insurance Holding Company System; Extraordinary Dividend or Distribution to Shareholders; Hearing.